Newsletter
Inside DeFi 003: 🛸 Crypto in crisis, DeFi doomerism
This week’s crypto market bloodbath has seen DeFi’s TVL drop to under $100B for the first time since May last year.
This week’s crypto market bloodbath has seen DeFi’s TVL drop to under $100B for the first time since May last year.
After last week’s news that leftover funds from The DAO would go to Ethereum security, a further 50 ETH has been rescued.
The DAO vs Labs brand ownership debate is still to be settled. Meanwhile, founder Stani Kulechov spent $30M on a new London mansion.
This week saw a near-miss for DeFi lender HypurrFi and recovered funds for Makina, while Circle and Certik don’t make the best impression.
Of a total of $17 million stolen from victim addresses, $3 million in USDC is yet to be frozen by issuer Circle.